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Find all the economic and financial information on our Orishas Direct application to download on Play StoreFinland's Nokia and Sweden's Ericsson, two world leaders in mobile equipment, continue to navigate an uncertain environment. They are suffering from the decline in operators' investors, but are counting on 5G to come out of the red.
Finland's Nokia and Sweden's Ericsson have released their half-year results. Indeed, at the beginning of March, the Swedish company Ericsson announced the departure of 8,500 people, or 8% of its workforce, with a deteriorating economic environment. He sees his income plummet by 9% in the first half of the year. For its part, Nokia has announced to its investors and shareholders a warning about its revenue and profit forecasts compared to its previous estimates.
En réalité, les performations des uns et des autres ont immédiatement été sanctionné par sanctionnées par les marchés, avec un recul de près de 10% pour Nokia over the last five days on the stock market, and even 15% for its Swedish alter ego. In this sense, Börje Ekholm, the CEO of Ericsson, said “We see that 5G continues to grow very rapidly - we currently expect subscriptions to be around 1.5 billion by the end of 2023 and to reach 4.6
billion by 2028.”
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